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Inflation Rate

Monthly

The Nigeria Consumer Price Index (CPI) which measures inflation, increased by 12.34% (year-on-year) in April 2020. This is 0.08% points higher than the rate recorded in March 2020 (12.26%). Core inflation rose from 9.73% to 9.98% while food inflation increased to 15.03% from 14.98%

Interest Rate

Monthly

Nigeria’s Monetary Policy Rate (MPR) stood at 13.5% as at March 2020. The MPR was pegged at 14% for over 20 months from July 2016 before it was recently revised by the Committee to 13.5% in March 2019.

The MPR is the rate at which the Central Bank of Nigeria lends to the deposit money banks

The unemployment rate as at the third quarter 2018 stood at 23.10% as against 22.70% in the second quarter.

The unemployment rate measures the total number of people within the labour force who are willing to work but cannot get any gainful employment.

GDP (Quarterly)

On a quarterly basis, Nigeria's GDP grew at 1.87% in real terms in the first quarter of 2020. Comparing this to the corresponding quarter of 2019 which recorded a growth rate of 2.1%, this indicates a decrease of 0.23% points and a 0.68% point decrease compared to 2.55% recorded in Q4 2019.

Special Reports

Nairametrics Exclusive Research!

2019 Full year Deals Book

During the year, Nairametrics Research captured about 90 major corporate deals in Nigeria in the year ended 2019. Very diverse deals- Deals cut across the financial services sector, tech, agro-commerce, transportation and entertainment etc.

Q3 Deals Book

This report summarises some of the corporate deals that were announced from First to Third Quarter of 2019. Information about the deals was gathered from official press releases and media reports sourced by Nairametrics Research.

Q2 Deals Book

This report summarises some of the corporate deals that were announced in the Second Quarter of 2019. Information about the deals was gathered from official press releases and media reports sourced by Nairametrics Research.